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Penn Virginia suspends Q3 dividend on preferred shares

Sep. 17, 2015 9:10 AM ETRanger Oil Corporation (ROCC) StockBy: Carl Surran, SA News Editor7 Comments
  • Penn Virginia (PVA) -7.4% premarket after suspending the Q3 dividend on its series A and B preferred depositary shares, citing the current commodity price environment and the need to preserve liquidity.
  • Earlier this week, the struggling oil and gas explorer received a non-compliance notice from the NYSE regarding the exchange's $1 minimum price bid rule.

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